Stock futures on Wall Street sank on Sunday evening, putting the indices on course for yet another troublesome day of trading after a two-day rout wiped out over $5 trillion in investor wealth. Futures on the Dow Jones are down over 1,500 points, while those on the S&P 500 are down over 4%. If this […]
US Market Crash: Nasdaq takes 32 sessions to fall into bear market led by Nvidia, Tesla – CNBC TV18
The tech-heavy Nasdaq index plunged into a bear market territory on Friday, April 4, after another 4% drop took its losses from the peak well past 20%. The six-week selloff has wiped out nearly $6 trillion from the tech-heavy benchmark since its peak, spurred by worries President Donald Trump’s tariffs will push the US economy […]
Trump’s second term brings worst stock market start since 2001 – CNBC TV18
The US stock market is down almost 10% since President Donald Trump’s inauguration, marking the worst 10-week start under a new president since George W. Bush in 2001 during the height of the dot-com selloff. The S&P 500 Index is virtually in a correction over the 52 trading sessions since Trump swore the oath of […]
Trade Setup for April 1: Nifty looks to offset Wall Street sell-off ahead of Trump’s reciprocal tariffs – CNBC TV18
The Indian equity market failed to hold its opening gains, ending Friday’s session lower ahead of this week’s announcement of the US reciprocal tariffs. After a decent upside recovery from Thursday’s lows, the Nifty 50 index slipped into weakness amidst range-bound movement. The Nifty opened on a positive note but was unable to sustain the […]
No ‘Trump Put,’ but policies expected to support markets, says Treasury Secretary Bessent – CNBC TV18
Treasury Secretary Scott Bessent on Monday (March 10) dismissed the idea that President Donald Trump would intervene to prevent stock market declines, stating on Friday that there is “no put” in place. Instead, he stressed that market gains would be driven by strong policies, as reported by CNBC. Despite an initial surge following Trump’s election […]
US Market Crash: JPMorgan turns ‘tactically bearish’ expecting tariff pain – CNBC TV18
As President Donald Trump unleashes a salvo of tariffs on nations around the globe, the trading desk at JPMorgan Chase & Co. is bracing for US equities to extend losses as levies weigh on growth at home and overseas. Escalating trade tensions are likely to see expectations crater for US gross domestic product and earnings […]
Donald Trump-related risks are showing up in corporate earnings reports – CNBC TV18
Companies are telling their investors how President Donald Trump’s plan to radically remake the US government poses new risks to their businesses. Company Value Change %Change In recent weeks, Chipotle Mexican Grill Inc. warned about potential tariffs on avocados and limes. Johnson & Johnson sees a risk that Food and Drug Administration cuts will slow […]
US stock market futures rise as Trump 2.0 begins, Bitcoin, $TRUMP rise further – CNBC TV18
US stock market futures surged on Monday, January 20, 2025, as Republican Donald Trump was sworn in for a second term as the President of the United States, with investors anticipating a series of immediate actions that could potentially lift the American economy. Company Value Change %Change Sectors like banking and energy were in focus […]
India poised to lead global economy and revolutionise AI, says ex-Cisco exec John Chambers – CNBC TV18
John T. Chambers, former executive chairman of Cisco, expressed unwavering confidence in India’s future, predicting that the country will soon become the world’s number one and fastest-growing economy. Speaking at CNBC-TV18’s Global Leadership Summit in Mumbai on Thursday, November 14, 2024, the seasoned investor and technology expert, emphasised the dynamic partnership between India and the […]
Stocks drop, Nasdaq confirms correction as recession fears mount – CNBC TV18
US stocks sold off for a second straight session on Friday, and the Nasdaq Composite confirmed it was in correction territory after a soft jobs report stoked fears of an oncoming recession. The Labor Department said nonfarm payrolls increased by 114,000 jobs last month, well short of the 175,000 average forecast by economists polled by […]